Honda CR-V Tops Global SUV Sales in 2012, Outpaces Rivals by Wide Margin
Honda's CR-V finished 2012 as the world's best-selling SUV, with over 635,000 units sold, ahead of Hyundai's ix35 and Volkswagen's Tiguan.
Coverage tagged Sales figures.
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Honda's CR-V finished 2012 as the world's best-selling SUV, with over 635,000 units sold, ahead of Hyundai's ix35 and Volkswagen's Tiguan.
Mazda, Nissan, Toyota and Honda all posted double-digit sales declines in China for the first quarter of 2013, trailing rivals as they work to regain lost ground.
General Motors delivered 290,538 vehicles in China in March 2013, lifting first-quarter sales to a record 816,373 units as Buick, Wuling and Cadillac posted strong gains.
Nissan’s Altima overtook the Toyota Camry in US mid-size car sales for March 2013, ending Camry’s 17-month run at the top as Ford and Honda also gained ground.
General Motors expects a growing share of its US pickup buyers to choose high-end crew cab versions of the 2014 Chevrolet Silverado and GMC Sierra, driven by demand for luxury features and advanced safety technology.
Chrysler’s US sales rose 5% year-on-year in March 2013, with the Dodge Dart compact and Chrysler 200 leading the growth as the company outpaced analyst forecasts.
GM Korea’s chief executive has urged the South Korean government to intervene on currency policy, warning that the strong won is hurting automotive exports as rivals in Japan and China benefit from weaker currencies.
Hyundai is restructuring its US retail and marketing operations for the Genesis and Equus lines, hiring new field managers and targeting a stronger premium brand presence ahead of the 2014 model launches.
US car buyers aged 25 to 34 shifted towards Ford, GM and Chrysler in 2012, with Japanese brands losing ground and Korean marques making gains.
Volkswagen CEO Martin Winterkorn says the group remains alert to new acquisition opportunities, following the recent additions of Ducati and Porsche to its portfolio of 12 brands.
Porsche plans to expand its global dealership network from 750 to 1,000 outlets by 2018, focusing on growth in China and emerging markets with €200 million annual investment.
Despite a declining US midsize sedan market, the Toyota Camry remained the top-selling passenger car in 2018, with over 343,000 units sold.
BMW Group delivered 133,630 BMW, MINI and Rolls-Royce vehicles globally in February 2013, marking a 4.7% rise over the previous year and setting a new monthly record.
The seventh-generation Volkswagen Golf took the top prize at the 2013 European Car of the Year awards in Geneva, beating rivals from Ford, Peugeot and Mercedes-Benz.
Growing sales for compact SUVs in Europe have prompted Toyota to consider local production of the RAV4, aiming to boost regional content and supply.
Ferrari has been named the world’s most powerful brand in the 2013 Global 500 survey, surpassing much larger carmakers and global corporations.
Proton is preparing a turnaround plan targeting a fivefold production increase and a major push into international markets, with Australia and Southeast Asia in its sights.
Dacia has produced its 400,000th Duster SUV at the Mioveni factory in Romania, less than three years after the model’s launch, with most output destined for Western Europe.
Both Mazda and Fuji Heavy Industries raised their annual profit targets for the 2012 fiscal year, citing the yen’s sharp depreciation as a key driver for export gains.
W Motors has announced over 100 orders for its $3.4m Lykan Hypersport following the car’s appearance at the 2013 Qatar Motor Show, despite a production run of just seven units.
General Motors will idle all three of its US full-size pickup plants for 10 weeks to manage a spike in unsold inventory ahead of launching redesigned Chevrolet Silverado and GMC Sierra models.
Volkswagen is preparing a fresh growth strategy for 2022 after global sales surged towards its 10 million vehicle target, originally set for 2018.
Alumina Limited's 2013 results show a strong shift towards value-add products, with segment profits and revenues expected to climb by another 10% in the year.
Dacia’s budget SUV has drawn more than 2,000 orders for its entry-level model and exceeded expectations for its 4x4 variant, pushing UK waiting times to five months.